Gold and Silver Price Forecast: Oil Surge Pressures Gold Before Jobs Data

Gold and silver remain under pressure as oil-driven inflation, Fed rate fears, and U.S. jobs data shape the next move in precious metals.

FXEmpire • 14 hours ago

Gold, silver fall as oil jumps on U.S.-Iran strikes - Kitco AM Report

Spot gold prices are lower and spot silver prices are sharply lower in early U.S. trading Wednesday, as rising oil prices, a firmer U.S. dollar and renewed U.S.-Iran hostilities offset safe-haven demand.

Kitco • 5 hours ago

Gold (XAUUSD) & Silver Price Forecast: Truce Stability vs Channel Breakdown — Gold Falls to $4,472, Silver at $74.80?

The ongoing US-Iran ceasefire allowed gold and silver to react to technical breakdowns. Gold accelerated lower below $4,500 with strong bearish continuation while silver traded at $74.80.

FXEmpire • 12 hours ago

Gold firms, silver jumps as oil slips on Iran talks - Kitco AM Report

Spot gold prices are firmer and spot silver prices are sharply higher in early U.S. trading Tuesday, as lower oil prices and easing Treasury-yield pressure supported metals while U.S.-Iran headlines kept the Strait of Hormuz risk premium alive.

Kitco • Jun 2, 2026

Gold steadies, silver slips as oil rises on Iran uncertainty - Kitco PM Report

Spot gold prices are near steady and spot silver prices are lower after the close Tuesday, as a stronger U.S. dollar and firmer crude oil offset support from lower Treasury yields.

Kitco • 20 hours ago

Gold (XAUUSD) & Silver Price Forecast: China Buying Supports Metals — Will XAU & XAG Extend Gains?

The ongoing US-Iran ceasefire allowed gold and silver to focus on technical recoveries. Gold defended $4,534 support with bullish continuation while silver surged above $76.55.

FXEmpire • Jun 2, 2026

Gold (XAUUSD), Silver, Platinum Forecasts – Gold Pulls Back From Session Highs As Dollar Rebounds

Gold markets moved away from session highs as traders focused on stronger dollar and rising Treasury yields.

FXEmpire • Jun 2, 2026

Silver is leaving the U.S. as physical bullion market restructures - Scottsdale Mint's Phair

Silver is moving out of the United States and into tighter overseas markets, even as futures prices react to geopolitical headlines, according to Josh Phair, CEO of Scottsdale Mint and The Wyoming Reserve.Speaking with Kitco News on May 27 as gold traded near $4,400 an ounce and silver fell more than 3%, Phair said the physical market was showing a different picture than the day's price action.

Kitco • Jun 1, 2026

BMO warns weakening Chinese solar demand could weigh on silver prices

The growing energy crisis due to the ongoing war in Iran is driving renewed interest in alternative energy, including solar power, which should provide some support for silver this year.

Kitco • Jun 1, 2026

Gold and Silver Forecast: Strong Dollar Pressures XAUUSD as Silver Defends $72

Gold and silver remain under pressure as a stronger U.S. dollar, higher oil prices, and Fed policy risks weigh on precious metals, while traders watch key breakout levels at $5,000 for gold and $89 for silver.

FXEmpire • Jun 1, 2026